Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Fishbaine who wrote (7736)	10/2/1998 1:40:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 14226

Ed come on now: "McKay runs the show at the mill. Jensen has delegated authority to him. Jensen's presence at the mill or input about production is and always has been irrelevant because he is not a technical guy. I like Mike very much, but he is running the show at the mill? That might be one of the reasons the stock is down. In this manner you actually assure not one onion peeling process but two. " The purpose of the manual is to give the mill personnel a specific procedure to follow. Previously they were just shooting from the hip. Essentially, as I understand it, there never was an adequate test of the resin process. At this time they are, in reality, starting from the beginning. So let's wait and see how things turn out." Hey, Ed, they have been shooting from the hip as you say for how long? And now you expect them to change their habits with a manual? " IMO, given McKays metallurgical background," From memory, Mike has seen a lot of "molten metals", meaning, most probably typical base metals, not the noble one, the processes required here are quite different, and I am sure Mike can learn and contribute to these, but I would not feel to "sure" about the success if he is there once every three to four weeks. In three weeks a process can go out of control a number of time, and if you are not there to determine when and under what conditions the process was optimized (and understand the various parameters that can cause the process to go out of control), you have one chance in a thousand to succeed. I just do not see where is the optimism coming from. Furthermore, having a private individual investor deeply involved and "reporting to us" monthly progress could eventually cause a "brush" with the SEC in the same manner GRNO got into trouble. I am very uncomfortable with that, and the technical behavior of the stock just add to my potential shaking if and when I jump back in (I am still out, thanks god). Zeev